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'We believe inflation will continue to fall in coming months' - Bank of England Governor

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Bank of England Governor Andrew Bailey held a news conference following the base rate announcement, saying the Bank's job is to make "absolutely sure" inflation falls back down to 2%, and that is why it has increased interest rates to 5.25%.

Mr Bailey also said consumer price inflation will "continue to fall over the rest of the year".

Read more: https://news.sky.com/story/bank-of-england-increases-interest-rate-for-14th-time-in-a-row-to-5-25-12932441

#bankofengland #interestrates #skynews

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Category
News and politics
Tags
bank of england, bank of england interest rates, interest rates

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